Alexandria Daily Advertiser

We are inclined to believe, that the following singular and very interesting information is in substance correct:

By a vessel arrived at New York from Spain, we learn that the President of the United States, has in his possession a treaty negotiated by Mr. Pichon, in which Spain stipulates to pay the claims of American merchants for losses sustained by spoliations. We are authorized to state that this treaty came into the possession of the president during the last session of Congress. Our merchants may at first think it strange that a treaty in which they are so deeply interested should not only be kept a secret from the people for a whole year, but should also be withheld from the knowledge of the Senate, a constituent part of the treaty making power. They will, however, be pleased to remember, that no longer ago than June last the government, through its organ the Aurora, declared, that "the merchants are the most dangerous, least virtuous, most corruptible, and most likely to corrupt; of any description of persons in society."—Let the merchants candidly ask themselves what men of such character can rationally expect from a virtuous philosopher uncorrupt, and uncorrupting administration.

If this treaty had been exhibited to the senate and ratified, the consequence would have been the payment of a large sum of money to our merchants and thus their means of corrupting would be very considerably increased.

Ex. U.S.